Phoenix, AZ Homes for Sale

Multifamily Homes for Sale

$1,000,000
8 Beds ⋅ 4 Baths ⋅ 7085378 MLS
4-unit garden-style apartment property approx. 1 mile from Old Town Scottsdale's restaurants, galleries, nightlife and boutique shopping. Built in 1959 and rebuilt in 2006 with electrical and plumbing brought up to code, the single-story building sits on a 0.19-acre lot with a uniform mix of (4) 2-bed/1-bath units averaging 675 SF. Units are individually metered for water and electricity. True value-add opportunity: current rents average $1,250/unit and can be pushed toward market (proforma $1,695) through interior/exterior renovations and adding in-unit washers/dryers. Minutes from Scottsdale Stadium, Fashion Square, the Waterfront, Indian Bend Wash Greenbelt, Papago Park and Camelback Mountain, with easy access to ASU SkySong, ASU Tempe and Sky Harbor.

6801 E Earll Drive, Scottsdale

Courtesy of ABI Multifamily. 602-714-1400

$585,000
5 Beds ⋅ 4 Baths ⋅ 7084803 MLS
Live in 1, let the back 2 pay your mortgage. Prime location right next to Phoenix Children's Hospital. Income-producing triplex offering 3 separate units on one property. The front residence is a standalone 3-bedroom, 1-bath home, while the rear building features 2 additional 1-bedroom, 1-bath units. The property offers a versatile configuration for investors seeking multiple rental units in a single location. Features include updated flooring, interior paint, landscaping, and air-conditioning systems. Conveniently located near Downtown with access to major freeways, providing connectivity to employment, dining, entertainment, shopping, and surrounding areas. A unique opportunity to own a three-unit property with a combination of a single-family residence and duplex configuration.

1923 E Yale Street, Phoenix

Courtesy of Real Broker. 480-442-9868

$680,000
7 Beds ⋅ 4 Baths ⋅ 7084198 MLS
TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity. The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer. Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

1201 E Griswold Road, Phoenix

Courtesy of HomeSmart. 602-230-7600

$439,900
4 Beds ⋅ 16 Baths ⋅ 7084014 MLS
Two on LeBaron is a charming and highly desirable duplex opportunity featuring two unique, spacious units, each offering its own private backyard and in-unit washer and dryer. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. Property Highlights Duplex | 2 separate residences Front Unit: Very large 3-bedroom / 1.5-bathroom $1,750 currently rented Rear Unit: Spacious open-concept studio with fireplace $1,000 currently rented Private backyard for each unit Washer & dryer in each unit Unique layouts with strong tenant appeal Excellent opportunity for an owner-occupant or investor Potential for strong rental demand and income diversification Separately usable outdoor spaces enhance privacy and livability Investment Opportunity Two on LeBaron offers investors the opportunity to own a well-positioned, income-producing duplex with two distinctly appealing residences. The combination of a large 3-bedroom home and a spacious studio creates a diversified rental profile, while the private yards and in-unit laundry provide amenities that are highly desirable to today's tenants. The property also presents an attractive house-hacking opportunity, allowing an owner to live in one unit while generating rental income from the other. With its combination of space, privacy, character, and functional amenities, Two on LeBaron is an excellent opportunity for investors seeking a smaller multifamily asset with multiple potential strategies for maximizing value and long-term returns.

120 S Lebaron -- Unit 1, Mesa

Courtesy of Incyte Realty, LLC. 480-409-9900

$425,000
4 Beds ⋅ 2 Baths ⋅ 7083603 MLS

4637 E Camino Street, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$400,000
4 Beds ⋅ 2 Baths ⋅ 7083113 MLS
Exclusive VIRTUAL TOUR AND PREMIUM HIDDEN INFO available upon request only! **Excellent Duplex Investment Opportunity in Mesa!** This well-located duplex features **two 2-bedroom, 1-bathroom units**, offering a great opportunity for investors or owner-occupants. **One unit is currently rented with stable rental income**, providing an immediate income stream, while the second unit offers additional income potential or the option for an owner to occupy. Conveniently located near shopping, dining, schools, major roadways, and everyday amenities. With two separate units and established rental income, this property offers flexibility and strong potential for a variety of investment strategies. Don't miss this opportunity to own a versatile income-producing property in Mesa!

152 W Southern Avenue, Mesa

Courtesy of Real Broker. 602-755-3415

$425,000
4 Beds ⋅ 2 Baths ⋅ 7083028 MLS
Turnkey investment opportunity in Apache Junction! This fully remodeled duplex features two 2BR/1BA units, each with its own attached carport and fresh, modern interior tenants love. Fully occupied with strong rental history and a 7.29% cap rate, this property delivers immediate cash flow with minimal management needed. Individually metered electric keeps tenant expenses separate, while recent updates mean lower maintenance costs for years to come. Located near Ironwood Dr & Broadway Ave, close to shopping, dining, and easy access to the 60. Whether you're expanding your portfolio or landing your first income property, this move-in-ready duplex checks every box. Financials available upon request -- Drive-by today! Tour available once accepted offer and 48 hour notice is given.

960 S Mara Drive, Apache Junction

Courtesy of Keller Williams Integrity First Realty. 480-854-2400

$469,900
4 Beds ⋅ 2 Baths ⋅ 7082880 MLS
This new-construction duplex is an ideal year-end addition to your investment portfolio, offering immediate rental income with tenants already in place. Both 896 square foot units feature 2 bedrooms + full bath, private laundry, wood-look tile flooring, shaker cabinetry, stainless steel appliances, and durable, low-maintenance finishes designed for long-term rental use. With both units currently leased under one-year terms, the property offers a truly turnkey opportunity with steady income from day one in a high-growth area.

509 E Centre Avenue, Buckeye

Courtesy of HomeSmart. 602-230-7600

$799,000
4 Beds ⋅ 2 Baths ⋅ 7082673 MLS
Unique Tempe INVESTMENT Opportunity on approx. 11,032 SF Zoned R-3 lot. Property includes two separate residences on one parcel. Front/East residence features 2 bedrooms and 1 bath and approx. 1,048 sq ft. Back/West residence features 2 bedrooms, 1 bath and approx. 1,048 sq ft. Both are tenant-occupied, producing $2,500 combined monthly rent. Each home has separate APS electric, City of Tempe water, and Southwest Gas meters. New Roof Aug 2026. County records identify the property as a Multiple Family Residence. ,Close to ASU, Downtown Tempe, shopping, dining, and major highways. Pair with adjoining parcel at 815 S Roosevelt St to assemble approx. 22,024 SF for possible Multi-Unit Redevelopment. All information deemed important to be verified by buyer or buyer's agent.

816 S Wilson Street S, Tempe

Courtesy of Realty ONE Group. 602-953-4000

$695,000
6 Beds ⋅ 6 Baths ⋅ 7082358 MLS
Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. All facts and figures are approximate buyer verify MLS info Owner Broker

2444 E Willetta Street Unit 3, Phoenix

Courtesy of Incyte Realty, LLC. 480-409-9900

$790,000
6 Beds ⋅ 4 Baths ⋅ 7082277 MLS
RARE DUPLEX INVESTMENT OPPORTUNITY in Fountain Hills. This duplex sits in one of the Valley's most sought after communities, offering two single family style units, each with 3 bedrooms, 2 bathrooms and a private 2 car garaage with direct entry. No shared walls to climb over, no stairs to navigate. A private patio connects the two units. The property is set against mature, established landscaping, while soaring 12' plus ceilings and single level living make both units feel spacious. This is a chance to own a property in a town know for its walkability. Just steps from the iconic Fountain Hills fountain, the Avenue's shops and restaurants, and the community park. A smart addition to any investment portfolio.

14422 N Sherwood Drive, Fountain Hills

Courtesy of HomeSmart. 602-230-7600

$444,900
4 Beds ⋅ 2 Baths ⋅ 7082250 MLS
Income-producing duplex opportunity in Phoenix! This well-maintained property has been remodeled inside and offers two separate units with flexibility for investors or an owner-occupant looking to offset monthly expenses with rental income. One unit is currently tenant-occupied, providing immediate rental income, while the second offers additional rental or owner-occupancy potential. The property has seen extensive infrastructure improvements, including electrical redone in 2018 and replaced sewer, gas, and water lines. Approximately 12-14 inches of blown insulation has been added in the attic, and the city replaced the gas lines approximately two years ago. The property also features three separate electrical and gas meters serving Unit 1, Unit 2, and the ADU, which includes the laundr room for Unit 1. Conveniently located near Downtown Phoenix with easy access to major freeways, shopping, dining, and entertainment. A unique opportunity to own a remodeled and well-maintained multifamily property with existing income and additional potential.

1033 N 25th Street, Phoenix

Courtesy of eXp Realty. 888-897-7821

$445,000
4 Beds ⋅ 4 Baths ⋅ 7082015 MLS
DRIVE BY ONLY. DO NOT DISTURB TENANTS OR WALK THE PROPERTY. WELL taken care of property. Owners take pride in their rental properties. This duplex has long term tenants in place. Great nvestment property. Owner is approached often for availability. Each unit has private backyards, private storage space, and private laundry rooms. The North side unit has a much larger workshop/storage room. 2025 roof, each unit has their own electrical panel. North unit is 2 bed, 1.5 bathrooms and South unit is 2 bed, 1 bathroom. Great property and potential.

410 N Temple Street, Mesa

Courtesy of Realty ONE Group. 480-321-8100

$550,000
4 Beds ⋅ 4 Baths ⋅ 7081512 MLS
Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent location central to Downtown Phoenix, Tempe ASU, Arcadia, Scottsdale. All units updated in 2020 including floors, kitchen, bathroom, roof, mini-splits/window units. Opportunity to increase monthly rental income. Drive by only DO NOT Disturb tenants.

434 N 42nd Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$624,900
4 Beds ⋅ 3 Baths ⋅ 7081271 MLS
Turnkey triplex opportunity near the Roosevelt Arts District! This updated multifamily property offers an attractive combination of modern interiors, private outdoor space and features designed for strong tenant appeal. Currently generating $3,700/month in gross rents. The property consists of three individually accessed residences, including a 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Interiors have been extensively updated with wood-look tile flooring, white shaker cabinetry, quartz countertops, stainless-steel appliances and beautifully finished walk-in tile showers. Each residence also offers the convenience of an IN UNIT WASHER / DRYER and dishwasher features that help set these units apart from many competing rentals. Outside, residents enjoy private fenced yard/patio areas, low-maintenance desert landscaping and off-street parking, including two covered parking spaces at the rear. Two of the three units received newer HVAC systems as part of the prior renovation. With three separate residences, updated finishes and a central Phoenix location near Downtown, Roosevelt Row and major employment, dining and entertainment destinations, this property offers an excellent opportunity for an investor looking to add a renovated multifamily asset to their portfolio.

1538 W Mckinley Street, Phoenix

Courtesy of Realty Executives Arizona Territory. 602-755-8556

$850,000
6 Beds ⋅ 4 Baths ⋅ 7081203 MLS
A true must see in the heart of Phoenix!! This new build multifamily compound is a new custom build with a modern touch. The modern neutral colors inside and out make these units extremely desirable. The open and well designed floor-plans of all units make this multi family compound a one of a kind property. The property has 2-2 bedroom and 1 bath units and 2-1 bedroom and 1 bath units for a total of 4 units. Market rent is $7,282 per month. This investment opportunity is one you DO NOT want to miss!

6630 S 11th Street, Phoenix

Courtesy of Fathom Realty Elite. 480-576-9200

$549,900
6 Beds ⋅ 4 Baths ⋅ 7081089 MLS
Duplex that has 2 units both are 3 bedroom and 2 bath units and both of the units is rented for $1,850 each on a 1 year lease, so $3,700 a month in total income. This is a great deal for an investor looking to cash flow a multi family property that was built in 2007 and has been recently remodeled and ready to go. This is also perfect for someone looking to rent out the one unit and live in the other to cover part of their payment.

1344 E Pueblo Avenue, Phoenix

Courtesy of Fathom Realty Elite. 480-576-9200

$709,000
8 Beds ⋅ 4 Baths ⋅ 7080969 MLS
This fourplex consists of all 2 bed / 1 bath units and is located in the robust heart of North Phoenix. The property is fully occupied and stabilized. Additional income could be easily added by simply installing coin operating equipment in the building behind which is already setup as an onsite laundry. Just a few of the area amenities include: North Mountain Park which offers expansive desert hiking trails & scenic views; Sunny Slope Park & Pool which also includes sports courts & picnic areas; and the AZ Canal Path which consists of long trails for walking, running & cycling. Nearby employers include HonorHealth John C. Lincoln Medical Center, the Glendale Union High School District and numerous local retail & small businesses. Buyer to verify all facts & figures.

1319 W Vogel Avenue, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$1,150,000
5 Beds ⋅ 3 Baths ⋅ 7080694 MLS

8439 E Coronado Road, Scottsdale

Courtesy of Polly Mitchell Global Realty. polly@pollymitchell.com

$779,000
4 Beds ⋅ 2 Baths ⋅ 7080690 MLS
NOT YOUR TYPICAL DUPLEX! This TURNKEY, REMODELED income property offers two private 2 bed/1 bath units that live like single-family homes! Each has its own street frontage, private carport with 2-car paver driveway, & a well-designed floorplan with a large living area, spacious bedrooms, private laundry & fenced yard. Both interiors have been extensively updated with NEW modern kitchens featuring quartz counters & stainless appliances, luxury vinyl flooring, beautifully updated baths & designer fixtures/finishes throughout. One unit is leased at $2,000/mo with the second offered at $2,250/mo - POTENTIAL GROSS INCOME OF $51,000/YEAR! Perfect for an investor OR owner-occupant looking to offset their payment with rental income. Prime Tempe location minutes from ASU, Downtown Tempe & Mill Ave.

2044 S Forest Avenue, Tempe

Courtesy of My Home Group Real Estate. 480-685-2760

$1,050,000
8 Beds ⋅ 4 Baths ⋅ 7079934 MLS
EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY IN CHANDLER! This Well-Maintained Fourplex Offers The Rare Opportunity To Add An Established, Fully Occupied Income-Producing Property To Your Rental Portfolio With 4/4 Units Rented & 0% Current Vacancy! Each Unit Features 2 Bedrooms, 1 Bath & Approximately 1,000 SF, Creating A Highly Marketable Rental Layout. Current Average Rent Is $1,500/Unit With $72,000 In Gross Scheduled Annual Income! Enjoy The Added Benefit Of NO HOA, Individual Electric Meters, Paved Parking With More Than One Space Per Unit & Convenient In-Unit W/D Hookups. Ideally Located In Chandler Near Chandler Blvd & McQueen With Easy Access To Shopping, Dining, Employment, Schools & Major Valley Roadways. Skip The Lease-Up Period & Start With An Established Tenant Base Already In Place! A Fantastic Opportunity For Investors Looking For Immediate Rental Income, Strong Occupancy & Long-Term Portfolio Growth In Chandler!

3 N Naco Way, Chandler

Courtesy of RE/MAX Fine Properties. 480-792-9500

$485,000
6 Beds ⋅ 3 Baths ⋅ 7079805 MLS
All three units are rented, all are 2 bedroom and 1 bath, Tenants are all happy and want to stay, Property manager is in place

6414 N 65th Drive, Glendale

Courtesy of Berkshire Hathaway HomeServices Arizona Properties. 480-473-4900

$810,000
4 Beds ⋅ 4 Baths ⋅ 7079517 MLS
Move-in ready and waiting for you! Charming duplex nestled in the Arrowhead Meadows neighborhood near the heart of Chandler and surrounded by restaurants, markets, parks, and more! This home features an attached two-car garage and low-maintenance landscaping. Step inside to a spacious open layout accented by neutral walls and laminate flooring. The bright and airy living/dining room boasts vaulted ceilings and seamless access to the backyard, making it perfect for entertaining. The immaculate kitchen is equipped with black-tinted wood cabinets, white quartz countertops, and appliances. The primary bedroom has private outdoor access and a pristine ensuite bathroom. Enjoy the private backyard with a covered patio. Don't miss this incredible opportunity.

1079 W Flint Street, Chandler

Courtesy of Realty ONE Group. 480-321-8100

$220,000
2 Beds ⋅ 2 Baths ⋅ 7079408 MLS
Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.

108 S 22nd Avenue, Phoenix

Courtesy of Russ Lyon Sotheby's International Realty. 480-287-5200

$765,000
5 Beds ⋅ 3 Baths ⋅ 7079145 MLS
Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.

4132 N 11th Street, Phoenix

Courtesy of APB Valley Spaces. 602-279-0121

$410,000
4 Beds ⋅ 2 Baths ⋅ 7078878 MLS
Turnkey investment opportunity with tenants already in place! This duplex offers immediate rental income, with each unit featuring 2 bedrooms and 1 bathroom. Unit 1 has been fully upgraded with a remodeled kitchen showcasing new cabinetry, updated countertops, and stainless steel appliances, plus luxury vinyl plank flooring and an upgraded bathroom. Outside, enjoy a sizable yard and patio with views of South Mountain Preserve. The central location puts you close to major employment hubs, with easy freeway access and a quick trip to Sky Harbor Airport. A strong addition to any investment portfolio!

6417 S 10th Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$885,000
8 Beds ⋅ 8 Baths ⋅ 7078551 MLS
This exceptional duplex, built in 2024, presents a fantastic investment opportunity in a highly desirable Central Phoenix location. Both units are currently tenant-occupied, providing rental income from day one. Each spacious unit features 4 bedrooms, 3.5 bathrooms, a dedicated laundry room, and an attached 2-car garage. The thoughtfully designed floor plans include two spacious primary suites in each unit--one conveniently located upstairs and one downstairs--along with plenty of additional living space. The beautiful kitchens feature quartz countertops, stainless steel appliances, ample cabinetry, and included washer and dryer. Modern finishes and generous square footage make these units highly desirable for renters.The location offers easy access to major freeways, Downtown Phoenix, the ballpark, arena, airport, and more. Enjoy views of Downtown Phoenix while being just minutes from some of the area's major attractions and employment centers.

1315 W Cocopah Street, Phoenix

Courtesy of Premier Edge Realty, LLC. 602-541-9948

$550,000
8 Beds ⋅ 4 Baths ⋅ 7077446 MLS
1022 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1022 N 22nd Place, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$550,000
8 Beds ⋅ 4 Baths ⋅ 7077428 MLS
1018 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1018 N 22nd Place, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$620,000
8 Beds ⋅ 7 Baths ⋅ 7076952 MLS
Well-maintained fourplex in Palomino Point/Greenway Manor featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom unit. Three units have been completely remodeled recently, while the fourth has been well maintained. Professional management has kept the property in excellent condition. Most appliances have been updated, along with newer HVAC systems in two units. All four units are currently leased, with the next lease expiring 9/30/26 and the longest through 9/27. Current rents offer upside potential, giving a new owner opportunities to increase revenue as leases renew. Drive-by only; please do not disturb tenants.

2808 E Le Marche Avenue, Phoenix

Courtesy of Compass. 480-776-1555

$1,280,000
12 Beds ⋅ 8 Baths ⋅ 7076583 MLS
Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

1021 E Pierce Street, Phoenix

Courtesy of FSR Realty. 602-826-5566

$425,000
6 Beds ⋅ 3 Baths ⋅ 7074943 MLS
2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Three spacious 2-bed/1-bath layouts (1963 build). LAYOUT: One single-story triplex with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 5 open spaces; individually metered electricity. LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

2140 W Heatherbrae Drive, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$699,000
4 Beds ⋅ 4 Baths ⋅ 7074894 MLS
Live in the main home while collecting $2,190/month in rental income from two tenant-occupied guest houses! Located in the heart of the Garfield Historic District, offers historic charm, flexible living and built-in income just minutes from Downtown Phoenix. The main residence features 2 bedrooms & 2 bathrooms with new flooring, new windows, remodeled bathrooms, & fresh interior & exterior paint. Unit 2 rents for $1,295/month with a lease through March 31, 2027, and Unit 3 rents for $895/month with a lease through July 31, 2027. A rare opportunity to enjoy a move-in-ready home while rental income helps offset your monthly housing costs. Ideal for an owner occupant, investor, or anyone looking for additional income potential in one of Downtown Phx's most established historic neighborhoods. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements. For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income. Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.

1005 E Moreland Street, Phoenix

Courtesy of eXp Realty. 480-420-4455

$600,000
7 Beds ⋅ 4 Baths ⋅ 7074579 MLS
Fully Leased Fourplex with Rental Upside! This well-maintained fourplex features three 2-bedroom/1-bath units and one oversized 1-bedroom/1-bath unit. Recent improvements include three brand-new AC units and new exterior paint. The property currently generates $49,560 in gross annual income ($4,130/month) and is fully leased, providing immediate stabilized cash flow. Two long-term tenants are currently paying below-market rents, creating an excellent opportunity for a new owner to increase rental income over time.

7143 N 66th Drive, Glendale

Courtesy of Compass. 480-776-1555

$700,000
8 Beds ⋅ 4 Baths ⋅ 7074457 MLS
Phoenix 4 plex fully leased and upgraded. All units are 2x1 with laminate flooring throughout and updated bathrooms and kitchens. Units leased at market rate. Parking slabs for easy parking. Individually metered electric. Owner pays for water, sewer, trash, and garbage. Do Not Disturb Tenants. Drive By Only.

1597 W Mountain View Road, Phoenix

Courtesy of HQ Property Services. 714-925-3004

$416,900
4 Beds ⋅ 4 Baths ⋅ 7074366 MLS
*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.

1947 E Raymond Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$689,000
8 Beds ⋅ 4 Baths ⋅ 7073941 MLS
Excellent opportunity to own a 4-unit income-producing property with renovations completed approximately 4-5 years ago. The property offers four separate units, providing multiple income streams and strong potential for long-term investment. The renovations add appeal for investors looking for a property with improvements already completed, while still offering potential for future rental growth and appreciation. Conveniently located near shopping, dining, transportation, schools, and everyday amenities, making it an attractive option for tenants. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a multi-unit property with income potential, this fourplex is an opportunity worth considering.

3411 W Fillmore Street, Phoenix

Courtesy of HomeSmart Realty. 602-230-7600

$550,000
7 Beds ⋅ 4 Baths ⋅ 7073538 MLS
Great investment opportunity in Glendale! This well-maintained triplex features three units with a desirable mix: a spacious 4-bedroom/2-bath, a 2-bedroom/1-bath, and a 1-bedroom/1-bath. Property was updated in 2022 and features laminate flooring throughout. Excellent opportunity for an investor looking to add a multifamily property to their portfolio.

6706 N 55th Avenue, Glendale

Courtesy of Gentry Real Estate. 480-750-9910

$550,000
4 Beds ⋅ 3 Baths ⋅ 7073514 MLS
Great investment opportunity in Glendale! All 3 units currently rented. This well-maintained triplex features two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Remodeled in 2021 with new laminate flooring and fresh interior paint completed in 2026. Conveniently located near shopping, dining, schools, and major transportation routes. A great addition to any rental portfolio! Ability to add one additional unit.

6807 N 61st Avenue, Glendale

Courtesy of Gentry Real Estate. 480-750-9910

$1,299,000
4 Beds ⋅ 4 Baths ⋅ 7072928 MLS
Newly Built & Stabilized Phoenix Fourplex - Turnkey Investment Opportunity Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure. Each unit features an open and functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence. Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction.

1306 E Purdue Avenue, Phoenix

Courtesy of ProSmart Realty. 480-540-2213

$340,000
4 Beds ⋅ 2 Baths ⋅ 7072368 MLS
Rare 2017 newer construction duplex in Phoenix! This modern, low-maintenance property offers immediate cash flow with minimal upkeep in the high-demand 85007 zip code. Built in 2017, you get peace of mind knowing major systems are newer and reliable. Ideal for a seasoned investor or an owner-occupant looking to live in one unit and rent the other! Each unit features a bright open-concept layout, a functional kitchen with matching appliances, 2 spacious bedrooms, 1 full bathroom, and dedicated private parking. Separate electric meters keep investor overhead low and property management simple. Enjoy an exceptional location just minutes from Downtown Phoenix, schools, parks, and major freeways. Don't miss this turnkey investment opportunity.

1441 S 15th Avenue, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$425,000
8 Beds ⋅ 4 Baths ⋅ 7072342 MLS
Great investment opportunity! Check out this multi unit property in Arizona City, now for sale! Each unit boasts 2 bedrooms, 1 bath, and a sizeable living area w/elegant wood-look flooring, soft carpet in all the right places, and neutral palette throughout. Kitchens come equipped w/plenty of wood cabinetry, granite tile counters, and built-in appliances. Cozy bedrooms w/ample closets and full baths ensure the comfort of your tenants! What are you waiting for? Hurry and act now!

8131 W Serena Drive, Arizona City

Courtesy of Barrett Real Estate. 480-864-2100

$595,000
7 Beds ⋅ 3 Baths ⋅ 7072106 MLS
Don't miss your chance to own this delightful duplex in the sought-after El Mirage! Perfect as main residence or investment, conveniently located near everyday necessities. 1st unit features 3 bedrooms and 1 bathroom, while the 2nd unit has 4 bedrooms and 2 bathrooms. Both have spacious living areas and a kitchen equipped with shaker cabinets, recessed lighting, a spacious peninsula, and built-in appliances. Sizable backyards and ample driveway space for parking. This remarkable property blends convenience and comfort seamlessly-you don't want to miss it!

13805 N Luna Street, El Mirage

Courtesy of eXp Realty. 623-293-6902

$725,000
4 Beds ⋅ 4 Baths ⋅ 7071735 MLS
Four on Mariana is a well-maintained four-unit residential investment property located in central Tempe, Arizona. The property consists of four 1- bedroom/1-bathroom units, each approximately 480 SF (1,920 SF total), situated on the end lot of a cul-de-sac with four covered parking spaces and a seller-owned coin laundry on-site. The location is a key asset -- within walking distance of the Arizona State University Tempe campus and minutes from the Novus Innovation Corridor and major highways, driving consistent tenant demand and historically low vacancy. Tenants enjoy exceptional connectivity with minutes-away access to major highways. This is not just a stable investment, it's an opportunity for growth. Current market analysis indiscated room to increase rents allowing for larger re

908 S Mariana Street, Tempe

Courtesy of Get Multifamily. 480-795-7938

$739,000
6 Beds ⋅ 6 Baths ⋅ 7071607 MLS
Brand new modern duplex available in Central Phoenix. It comes with 2 units, each with 3 bedrooms & 2.5 bathrooms. They feature a stylish contemporary design, open-concept floorplan, and gorgeous finishes throughout. Step inside to a bright and spacious great room with luxury plank flooring, recessed lighting, and neutral designer paint.The kitchen has white shaker cabinets with black hardware, quartz countertops, a large center island, custom pendant lighting, a pantry, and plenty of storage space. Upstairs you'll find spacious bedrooms with ceiling fans and tile throughout. Located in a prime Phoenix location with easy freeway access and convenient proximity to Sky Harbor Airport, dining, shopping and entertainment.

2537 E Southgate Avenue, Phoenix

Courtesy of West USA Realty. 602-942-4200

$499,000
5 Beds ⋅ 3 Baths ⋅ 7071365 MLS
Rarely does an investment opportunity like this come to market in Casa Grande. Uniquely positioned on a desirable corner lot, this three-unit property offers the ideal combination of stable cash flow, strong tenant demand, and long-term growth potential in one of Pinal County's fastest-growing markets. The property consists of two distinct structures, creating an attractive and versatile investment offering. Units 819 N Arbor Ave (2/1) and 815 N Arbor Ave (2/1) are configured as a duplex, while 809 N Arbor Ave (1/1) is a separate detached residence, providing the privacy and appeal of a standalone single-family home. All three units feature private entrances, private yard spaces, and include washer and dryer sets for tenant convenience. Current tenancy provides immediate and dependable income with leases expiring 5/31/2027, 6/30/2027 and 11/30/2026 generating gross income of $4000+ per month. Tenants pay all utilities, with each unit separately metered for both electric and water, helping maximize investor returns and minimize owner expenses. With strong in-place rental income and leases already secured, this property offers a rare opportunity to invest in one of Pinal County's fastest-growing markets. Supported by continued economic development, expanding employment opportunities, and increasing housing demand, this asset provides dependable cash flow today while positioning investors to benefit from the area's ongoing growth and future potential. Conveniently located near shopping, dining, schools, and major transportation corridors, this is the definition of a true turnkey investment--stable income today with room for continued upside tomorrow. DRIVE-BY ONLY. Please do not disturb tenants. Interior walkthroughs will be provided only upon acceptance of an offer. Buyer to verify all facts and figures. Act quickly--opportunities like this don't last.

815 N Arbor Avenue, Casa Grande

Courtesy of Fathom Realty. 877-661-1977

$525,000
6 Beds ⋅ 4 Baths ⋅ 7071032 MLS
Amazing investment opportunity to own this brand-new duplex! Perfect for a first-time homebuyer looking to house hack or an investor seeking a low-maintenance property with a desirable unit mix, luxury finishes, and strong cash flow potential. Each unit features 3 bedrooms and 2 bathrooms with high-end finishes throughout, including stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, and brand-new stackable washer/dryers. Each unit also includes a covered parking space, with additional guest parking available. A turfed common area between the buildings provides a great space for pets and outdoor enjoyment.

4037 S 12th Street, Phoenix

Courtesy of Compass. 480-776-1555

$725,000
6 Beds ⋅ 4 Baths ⋅ 7070756 MLS
Fourplex available! Great Income! Perfect for a house hack opportunity. Features 4 units: a 2-bedroom/1-bath home with front and back yards and a driveway rented at $1,550/month, plus 3 units in a separate building--a studio ($950/month), 1-bedroom/1-bath ($1,000/month), and 2-bedroom/1-bath ($1,500/month). Total rents are $5,000/month. New roof in 2021. New exterior paint in 2026. Tenants pay gas/electric. Owner pays water, sewer, and trash. Drive by only. Do NOT disturb tenants.

2228 N 20th Street, Phoenix

Courtesy of Compass. 480-776-1555

$575,000
6 Beds ⋅ 4 Baths ⋅ 7069832 MLS
Extremely rare newer vintage duplex on over 0.5 acre parcel with the opportunity of adding additional units, McKinley II presents a unique value-add multifamily offering. Built in 2004 and consisting of 2 oversized 3-bed, 1-bath floorplans averaging 1,100 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market and build additional unit(s) on the parcel. Alternatively, the property is well positioned for an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

2142 E Mckinley Street, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700

$450,000
4 Beds ⋅ 2 Baths ⋅ 7069799 MLS
Uniquely located immediately behind Phoenix Children's Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering. Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it's proximity to Phoenix Children's Hospital) and/or an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

1702 E Cambridge Avenue, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700

$364,900
2 Beds ⋅ 2 Baths ⋅ 7069355 MLS
Excellent multifamily opportunity in the Oakland Historic District near Downtown Phoenix. This duplex features two 1 bedroom / 1 bathroom units, each offering 525 square feet with hardwood floors and functional living space. Both units include their own washer and dryer on separate sides of the building, providing added convenience for residents. The property is fully fenced with parking inside the fencing and sits on a generous 6,375 square foot lot with a large backyard. Additional property features include individually metered electricity, concrete tilt-up frame construction, and R-5 zoning with county multifamily high-density zoning. Conveniently located near Downtown Phoenix, ASU Downtown, light rail, and area amenities, this property offers strong rental appeal and excellent long term investment potential.

1513 W Taylor Street Unit A and B, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$625,000
3 Beds ⋅ 2 Baths ⋅ 7068512 MLS
Great Premium location, one block from ASU, Huge lot with room to expand, add square footage, or add ADU's, lots of potential. Zoned for multi family, with lots of developments in the area, walking distant to restaurants, stores, stadium and ASU. Property is currently leased with below market rates (month to month) because it needs renovations. Lots of upside potential with the rents. The price reflects the needed renovations. Can view property only after an accepted offer and proof of funds. PROPERTY IS ''AS IS'' CONDITION AND NO REPAIRS

1433 S Jentilly Lane, Tempe

Courtesy of HomeSmart. 602-230-7600

$715,000
8 Beds ⋅ 4 Baths ⋅ 7068450 MLS
Remodeled fourplex in a prime Mesa location! Each unit features updated finishes, refreshed interiors designed for comfort and durability. This turnkey investment offers strong rental appeal with minimal maintenance, making it an excellent opportunity for both new and seasoned investors. Conveniently located near shopping, dining, and major commuter routes. There is a laundry room used by all four units. Also a storage room. See document tab for HOA and rent roll. PLEASE DRIVE BY ONLY. DO NOT DISTURB TENANTS.

2650 E Mckellips Road Unit 241, Mesa

Courtesy of DeLex Realty. 602-910-3002

$575,000
8 Beds ⋅ 100 Baths ⋅ 7067963 MLS
Brand new 3 bed 2.5 bath Duplex Available. Upgraded wood like flooring, tile bathrooms, dual pane windowns. New Fixtures and appliances. Quartz counter tops. Both units are rented and ready for an investor or owner to buy and live in one unit and rent the other out.

970 N 4th Street, Coolidge

Courtesy of Valley Views RE. 480-688-0915

$554,900
6 Beds ⋅ 4 Baths ⋅ 7067825 MLS
Don't miss this opportunity to own a multifamily property. Each unit features 3 bedrooms, 2 bathrooms, and 1,000 sq ft, with identical mirrored floorplans. Enjoy generously sized rooms, spacious closets, and tile flooring throughout. Kitchens are upgraded with quartz countertops, high-quality soft-close cabinetry, crown molding, separate pantry plus all-new appliances in both units. Each unit includes a tankless water heater, interior laundry hook-ups and are individually metered for electricity. Tub and shower surrounds are porcelain panels. Exterior features include concrete driveways and low-maintenance gravel landscaping. Owner covers water.

715 S 97th Street, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675

$660,000
8 Beds ⋅ 4 Baths ⋅ 7067778 MLS
7155 North 66th Drive is a 4-unit multifamily community located approximately one mile northwest of Downtown Glendale and Grand Avenue (Highway 60). Built in 1984 and partially upgraded in 2023, the property features an all two-bedroom / one-bath unit mix averaging 750 square feet, situated on a 7,096 square foot lot with an on-site parking lot. Completed upgrades include new flooring, interior paint, kitchen cabinets and countertops, bathroom vanities and finishes. All units are individually metered for electricity, limiting owner utility exposure.

7155 N 66th Drive, Glendale

Courtesy of ABI Multifamily. 602-714-1400

$554,900
6 Beds ⋅ 4 Baths ⋅ 7067774 MLS
Don't miss this opportunity to own a multifamily property. Each unit features 3 bedrooms, 2 bathrooms, and 1,000 sq ft, with identical mirrored floorplans. Enjoy generously sized rooms, spacious closets, and tile flooring throughout. Kitchens are upgraded with quartz countertops, high-quality soft-close cabinetry, crown molding, separate pantry plus all-new appliances in both units. Each unit includes a tankless water heater, interior laundry hook-ups and are individually metered for electricity. Tub and shower surrounds are porcelain panels. Exterior features include concrete driveways and low-maintenance gravel landscaping. Owner covers water.

435 S 96th Street, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675

$450,000
3 Beds ⋅ 2 Baths ⋅ 7067227 MLS
Creative financing available! Rare opportunity to own a highly updated duplex in Phoenix's established Taylor Park neighborhood. Two separate units offer flexibility for rental income, multi-generational living, or an owner-occupied strategy, with one unit offering the potential for a second bedroom. Each unit has dedicated covered parking, plus a generous amount of additional space at the front of the property--creating potential for additional parking, outdoor space, or other creative uses. With no HOA, this property offers an uncommon level of flexibility for both investors and owner-occupants. Conveniently located near 7th St & Dunlap Ave. Live in one and rent the other, lease both, or get creative with the space--the options are here.

9047 N 9th Street, Phoenix

Courtesy of GNS Realty- AZ, LLC. 480-991-0889

$488,000
6 Beds ⋅ 4 Baths ⋅ 7066998 MLS
The property is a beautifully appointed, spacious duplex featuring three bedrooms and two bathrooms. The interior offers ceramic tile flooring throughout and has been upgraded with granite countertops, modern cabinetry, and premium fixtures. The kitchen includes a range/oven, dishwasher, garbage disposal, a dedicated pantry, and a large granite island equipped with electrical access. A sliding Arcadia door opens to a covered patio, enhancing indoor-outdoor living. The home is equipped with ceiling fans in the living room and all bedrooms for added comfort. The primary suite features a generous walk-in closet, double sinks, a granite vanity, and porcelain decorative shower finishes. An oversized indoor laundry area provides ample storage and workspace.

15985 S Yava Road, Arizona City

Courtesy of Ivory Towers Realty. 520-466-6755

$1,685,000
7 Beds ⋅ 4 Baths ⋅ 7066970 MLS
RENOVATED FOUR-PLEX IN PRIME CAMELBACK EAST VILLAGE LOCATION WITH INCREDIBLE INCOME POTENTIAL! Beautifully updated and perfectly positioned between the highly desirable Biltmore area and Downtown Scottsdale, this turnkey four-plex is an exceptional opportunity in one of Phoenix's strongest rental submarkets, Camelback East Village. Each unit features custom cabinetry, wood flooring throughout, modern frosted glass doors, and ceiling fans throughout. All units are individually metered for electricity and include in-suite washer and dryer, offering tenants maximum convenience. Residents also enjoy covered carport parking and spacious private yards. The property has been well-maintained with significant updates, including a roof replacement in 2011, two air conditioning units replaced that same year, and the remaining units updated in 2016 and 2021. This property offers a low-maintenance, fully renovated investment in a prime central Phoenix location, just minutes from top dining, shopping, and entertainment.

3110 N 39th Street, Phoenix

Courtesy of Grigg's Group Powered by The Altman Brothers. 480-788-0929

$675,000
6 Beds ⋅ 4 Baths ⋅ 7066921 MLS
Great opportunity to own an income producing 4 plex in Mesa. Two one bed/one bath apartments and two 2bed/one bath apartments. Building has new exterior paint. This building does share a common area courtyard with 1540 E Broadway Rd and they need to be bought together. Unit D tenant has been there just over a year the other 3 tenants are all long term.

1546 E Broadway Road, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$595,000
7 Beds ⋅ 4 Baths ⋅ 7066916 MLS
Great opportunity to own an income producing property in Mesa. Rare building with one 3 bedroom/two bath apartment and two two bedroom/one bath apartments. The two bedroom apartments are occupied with long term tenants on month to month leases. The three bedroom was just rented after some renovations on a one year lease at $1700mo. Building has new exterior paint and a new water main. Building does share courtyard and common areas with 1546 Broadway and needs to be bought together.

1540 E Broadway Road, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$850,000
7 Beds ⋅ 3 Baths ⋅ 7066909 MLS
PACKAGE SALE: 2301 W Hayward Ave is being offered exclusively with 2305 W Hayward Ave. The properties must be purchased together and will not be sold separately, creating a unique opportunity to acquire multiple income-producing properties in one central Phoenix location. Together, the properties span right under an acre of land and feature three separate single-family residences with R-3 zoning, offering an appealing setup for an investor seeking multiple rental units in one location. The homes are currently tenant occupied, with the opportunity to take over the existing tenants and leases if desired, providing the potential for rental income from day one. Adding to the long-term potential, City planning staff have indicated that the site could support a six-unit multifamily development (6-plex), subject to applicable City requirements, approvals, and buyer verification. This provides an exciting opportunity for investors looking beyond the property's current use and considering future redevelopment possibilities. Beyond the residences, the property features an impressive 18-car carport offering substantial covered parking, along with a large shop space ready to make your own. Whether utilized for storage, a workshop, equipment, or other permitted uses, the additional space adds another layer of versatility to the property. Conveniently located near 23rd Ave and Northern Ave, the properties provide quick access to I-17, shopping, dining, employment centers, and everyday amenities. With over an acre of land, three single-family residences, R-3 zoning, extensive covered parking, a large shop, existing tenants, and potential for future multifamily development, this package offers a rare combination of current income potential and long-term flexibility in central Phoenix.

2301 W Hayward Avenue, Phoenix

Courtesy of Capstone Realty Professionals. 602-354-4660

$600,000
6 Beds ⋅ 3 Baths ⋅ 7066827 MLS
Recently updated triplex in the heart of Downtown Phoenix, offering three separate 2-bedroom, 1-bath units on a 0.18-acre lot with six surface parking spaces. Each unit features a private, fenced backyard and individual electric metering. The property offers low-maintenance desert landscaping and a tucked-away setting just off Taylor Street. With three separate units and a convenient central Phoenix location, this property presents a great opportunity for investors seeking a multifamily property with rental income potential.

1459 E Taylor Street, Phoenix

Courtesy of Redfin Corporation. 602-483-4919

$749,900
8 Beds ⋅ 4 Baths ⋅ 7065923 MLS
Turnkey Fourplex, 100% Occupied, Good Cash Flow, Tenants Pay Electric , Water and Cable. All Units have their own laundry room. Super for Investor or Owner Occupant. Located Near Recreation, Lakes, Mountains for Hiking and More. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.

1520 E 25th Avenue, Apache Junction

Courtesy of West USA Realty. 602-942-4200

$599,500
6 Beds ⋅ 4 Baths ⋅ 7065871 MLS
Don't miss this opportunity to own a multifamily property. Each unit features 3 bedrooms, 2 bathrooms, and 1,000 sq ft, with identical mirrored floorplans. Enjoy generously sized rooms, spacious closets, and tile flooring throughout. Kitchens are upgraded with quartz countertops, high-quality soft-close cabinetry, crown molding, separate pantry plus all-new appliances in both units. Each unit includes a tankless water heater, interior laundry hook-ups and are individually metered for electricity. Tub and shower surrounds are porcelain panels. Exterior features include concrete driveways and low-maintenance gravel landscaping. Owner covers water and trash.

13608 W Maryland Avenue, Litchfield Park

Courtesy of Balboa Realty, LLC. 602-899-6675

$569,900
6 Beds ⋅ 4 Baths ⋅ 7065861 MLS
Turnkey Duplex Investment Opportunity in Mesa! Don't miss this rare chance to own a brand-new duplex near Crismon and Broadway, one of Mesa's most convenient corridors. With 2,496 total square feet on an oversized R-5 lot, this property is built for strong returns and effortless living. Each side offers a spacious 3 bedroom, 2 bath layout with soaring high ceilings and an open floorplan that lives large. Upgraded finishes throughout give both units a modern, move-in-ready feel that supports premium rents. One side is already occupied by a great, reliable tenant -- instant cash flow from day one. Live in one unit and let the tenant on the other side help cover your mortgage, or hold both sides as a fully rented investment property. Either way, you're getting new construction with minimal

401 S 97th Way, Mesa

Courtesy of H&M Arizona Real Estate Brokerage, LLC. 480-205-9558

$510,000
6 Beds ⋅ 3 Baths ⋅ 7065237 MLS
Great investment opportunity in Central Phoenix! This triplex was recently updated and each unit has a large living room, two-bedrooms, one bathroom, a spacious kitchen, and great backyard space. All three units are fully leased with stable tenants. All 3 are month to month. Good roof (replaced in 2016) and new air-conditioning units (replaced in 2020 & 2024). Make your move now! Drive by only. Do not disturb tenants. Assumable FHA loan, balance $376k at 5.73% rate. 29 years remaining. Sellers credit available with acceptable offer.

2210 W Heatherbrae Drive, Phoenix

Courtesy of Epique Realty. azbroker@epiquerealty.com

$650,000
2 Beds ⋅ 4 Baths ⋅ 7065156 MLS
Exceptional investment opportunity in the heart of Tempe. Beautifully remodeled duplex offers an ideal location just minutes from ASU, shopping, dining, entertainment and major transportation. Each unit features one bedroom and one bathroom with a completely remodeled interior creating a fresh, modern and move in ready living space. Both units include all appliances, making them attractive to students, professionas or long term tenants. Eash side has carport exterior storage, additional storage space, ability to install a washer and dryer adding another desirable amenity for future tenants. With its prime Tempe location by ASU, completely renewed, its an excellent opportunity for an investor. Duplex has been non smoking Please use WFG National Title property has a benef deed in place

625 W 12th Street, Tempe

Courtesy of RE/MAX Fine Properties. 480-792-9500

$420,000
4 Beds ⋅ 2 Baths ⋅ 7064977 MLS
Great investment opportunity in Mesa! This duplex features two 2-bedroom units, each with its own private yard and separate utility meters. Conveniently located near public transportation and Valley Metro Rail, with easy access to Downtown Mesa, ASU, and major Valley destinations. Great opportunity for an investor or owner-occupant looking to build long-term value. Don't miss this opportunity!

20 N Santa Barbara Drive, Mesa

Courtesy of HomeSmart. 602-230-7600

$650,000
7 Beds ⋅ 4 Baths ⋅ 7064937 MLS
INVESTMENT OPPORTUNITY to own THREE separate income-producing units. All three units are currently rented, providing immediate rental income. Convenient Phoenix location with access to major roads, shopping, dining, and nearby amenities. Great opportunity for investors looking to add a multi-unit property to their portfolio. Properties are located on two parcels. The owner is working to have the parcels combined with the city. Please include both legal descriptions on the offer. Buyer to verify all facts and figures.

3716 E Fillmore Street, Phoenix

Courtesy of eXp Realty. 480-580-6876

$690,000
9 Beds ⋅ 5 Baths ⋅ 7064823 MLS
This 4-unit property in Phoenix presents a compelling opportunity for the owner-occupant or buy-and-hold investor looking to enter or expand in one of the Valley's most resilient rental markets. The offering features a desirable unit mix of three 2-bedroom residences and one spacious 3-bedroom unit, ideal for the house hacker looking to offset their mortgage while building long-term equity. The property is move-in ready with meaningful updates already in place, allowing an investor to step in with confidence while still having a clear runway to add value through strategic improvements and rental rate optimization.

2440 E Waltann Lane, Phoenix

Courtesy of Orion Investment Real Estate. 480-634-6934

$450,000
5 Beds ⋅ 3 Baths ⋅ 7064724 MLS
Cash Flowing Triplex, Priced to Trade Quickly, Market Rents, Low Expenses Near North Mountain, I17, Tile Flooring, Private Patio's, Lots of Parking, Individually Metered for Electricity, Laundry Onsite Opportunity. All facts and figures approximate, Buyer to verify to their own satisfaction.

10213 N 15th Avenue, Phoenix

Courtesy of Levrose Real Estate. 480-947-0600

$710,000
5 Beds ⋅ 3 Baths ⋅ 7064669 MLS
Exceptional investment opportunity in the heart of Phoenix! This unique portfolio includes three separate single-family homes being offered together at one price: 830 S 15th Ave (2 bed/1 bath), leased through 10/31/2026 at $1,838.55 per month; 820 S 15th Ave (1 bed/1 bath), leased through 8/31/2027 at $1,553.07 per month; and 1501 W Hadley St (2 bed/1 bath), leased through 11/30/2026 at $1,636.00 per month. Generating approximately $5,027.62 in monthly gross rental income, this portfolio provides immediate cash flow, built-in stability, and long-term investment potential. Whether you're looking to expand your rental portfolio, or take advantage of a unique house-hacking opportunity - live in one home while collecting income from the other two, this property offers exceptional flexibility and a rare opportunity to own multiple income-producing homes in a rapidly growing area. All three homes have separate electric and gas meters, simplifying utility management. All major remodeling was completed in 2021, with updated finishes throughout, making this a true turnkey investment. Each home features a private fenced yard for added privacy and outdoor enjoyment and includes essential appliances such as a stove, refrigerator, and washer/dryer to support tenant satisfaction and minimize ownership expenses. Perfectly positioned for flexible ownership, multigenerational living, or long-term portfolio growth, these properties are conveniently located near Downtown Phoenix, major freeways, public transportation, employment centers, shopping, dining, and entertainment, benefiting from strong rental demand and excellent accessibility. DRIVE-BY ONLY -- please do not disturb tenants. Walkthroughs available with accepted offers only. Act quickly--opportunities like this do not come around often. Buyer to verify all facts and figures.

830 S 15th Avenue, Phoenix

Courtesy of Fathom Realty. 877-661-1977

$900,000
8 Beds ⋅ 4 Baths ⋅ 7064367 MLS
Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots. The current rents are: Unit 1: $1,530 (long term tenant 10+ years) Unit 2: $1,550 (lease ends Sept 30, 2027) Unit 3: $1,530 (long term tenant 10+ years) Unit 4: $1,650 (lease through Jun 30, 2027)) Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. Last repair on the roof was 7/2026. Fresh exterior paint 10/2024 Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026 Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025. Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025, a new water heater in 6/2026. Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026. Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

457 E 9th Avenue, Mesa

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$690,000
8 Beds ⋅ 4 Baths ⋅ 7063725 MLS
TURN-KEY INVESTOR SPECIAL IN THE HEART OF DOWNTOWN MESA!!! All 2 bd/1bth units. 3 units are currently occupied. All units have been remodeled. Sold 'as is.' Listing info to be verified by buyer. Walking distance from light rail, shopping, entertainment, freeway access.

50 N May --, Mesa

Courtesy of AZ Pro Realty. 480-518-4282

$499,000
6 Beds ⋅ 6 Baths ⋅ 7063707 MLS
Discover an outstanding investment opportunity with this newly built duplex in the heart of Casa Grande! Situated on a desirable corner cul-de-sac lot, each spacious unit offers 1,577 sq. ft., 3 bedrooms, 2.5 bathrooms, and a 2-car garage, providing modern comfort and functionality for both owners and tenants. Whether you're looking to live in one unit and rent the other, expand your investment portfolio, or create an income-producing Airbnb or long-term rental, this property offers exceptional flexibility and potential. With quality new construction, low-maintenance living, and a prime central location close to shopping, dining, schools, and major commuter routes, this duplex is perfectly positioned to attract renters and maximize your investment. Don't miss this rare opportunity to own a versatile property with endless possibilities!

1640 N Cameron Street, Casa Grande

Courtesy of Valley Views RE. 480-688-0915

$445,000
2 Beds ⋅ 2 Baths ⋅ 7063336 MLS
Experience the perfect blend of comfort and convenience in this fabulous single-story duplex! Discover a warm and inviting great room with wood-look flooring, neutral palette, and ceiling fans throughout, creating a bright and comfortable atmosphere. The kitchen offers subway tile backsplash, stainless steel appliances, recessed lighting, quartz counters, white cabinets, and a breakfast bar that's perfect for casual dining or your morning coffee. Have a good night's sleep in the quaint bedroom complete with a sliding door closet. Enjoy stunning mountain views from the spacious backyard. Don't let this amazing opportunity slip away! Perfect investment opportunity with tenants already in place!! Architectural plans for the extension of the property included in the sale.

1447 E Mountain View Road, Phoenix

Courtesy of eXp Realty. 480-291-4478

$715,000
5 Beds ⋅ 4 Baths ⋅ 7062682 MLS
Fountain Hills fully rented duplex featuring a private pool and two spacious units—a 3BR/2BA and a 2BR/1.5BA. This well-maintained property offers strong rental income, desirable layouts, and excellent tenant stability. Located in a quiet, scenic neighborhood with easy access to local amenities, this duplex stands out with its larger floorplan and hard-to-find pool amenity. Perfect for investors seeking reliable cash flow or an owner-occupant looking to offset housing costs.

14048 N Cameo Drive, Fountain Hills

Courtesy of PMI East Valley. 480-264-7193

$650,000
3 Beds ⋅ 3 Baths ⋅ 7062358 MLS
Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that speaks to the rarity and desirability of a multifamily property in this location. New roof 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupants looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.

509 W 2nd Street, Tempe

Courtesy of Congress Realty, Inc.. 888-881-4118

$499,999
4 Beds ⋅ 3 Baths ⋅ 7062109 MLS
Centrally located triplex in central Mesa. Building has two, 1-bed units and one 2-bed unit. Each unit has a private garage and individual storage closets with laundry hookups. Each tenant pays their own electric and gas while the owner pays water, sewer, and trash. Tenants share a common backyard. The property is rock landscaped for easy maintenance. Two of the three air conditioning units were replaced in the last month. at time of listing, units are all occupied. Property is close to shopping, public transportation and freeways.

41 W 7th Street, Mesa

Courtesy of Denman Realty Group, L.L.C. 480-834-1525

$995,000
7 Beds ⋅ 4 Baths ⋅ 7062031 MLS
The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

1338 E Fillmore Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$675,000
4 Beds ⋅ 4 Baths ⋅ 7061053 MLS
Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

338 N 1st Street, Avondale

Courtesy of eXp Realty. 888-897-7821

$695,000
8 Beds ⋅ 4 Baths ⋅ 7061019 MLS
Great Investment Opportunity Fully Occupied 4-Plex! This is your chance to own a cash-flowing 4-plex with low tenant turnover and consistent rent payments. Three of the four 2-bedroom, 1-bath units includes washers and dryers, the other unit has washer/dryer hookups. Residents enjoy the convenience of secure, dedicated storage spaces and covered parking with ample lighting. 4 new Trane AC units (2021). Located near the vibrant Cardinal Stadium, shopping centers, local eateries, and community events, this 4-plex is perfectly positioned to capitalize on Arizona's growth.

6621 W Pasadena Avenue, Glendale

Courtesy of Pacwest Properties, Inc. 623-780-1711

$950,000
4 Beds ⋅ 4 Baths ⋅ 7060954 MLS
Two stand alone duplexes, 4 large spacious units in total. LOTS of parking with additional guest parking available too. Tenants in place for several years. Prime central phx location close to everything. Units updated in 2019. Tenants in place, drive by only.

1405 E Roosevelt Street, Phoenix

Courtesy of Realty ONE Group. 480-321-8100

$917,900
6 Beds ⋅ 50 Baths ⋅ 7060645 MLS
NEW BUILD! MOVE-IN READY! CONTEMPORARY DESIGN! These two (2) NEW BUILD SINGLE FAMILY HOMES, on 1 lot, 1 APN #, same financing as a duplex. 1,600 SQ. FT. | 3 BEDROOMS | 2 BATHS + POWDER ROOM MINUTES FROM THE 101 & 51 FREEWAYS, DESERT RIDGE & KIERLAND! Step inside to dramatic 20-FOOT SOARING CEILINGS and clerestory windows that fill the home with natural light. Contemporary urban-style railings and a gallery overlook to the Great Room create an impressive, open architectural feel. DESIGNED & BUILT TO IMPRESS!! • Quality 2x6 construction • Spray-foam insulation at the roofline • Luxury PLANK laminate flooring throughout • Contemporary urban-style railings • Gallery overlooks to the Great Room • Two private balconies • 2 full baths + powder room with cabinet • Laun " Window coverings & ceiling fans " Designer tile kitchen backsplash " Shaker-style cabinetry & doors throughout " Stainless steel appliances -- refrigerator included! " 2-car garage " Approx. 40' backyard " Front & backyard landscaping ASK ABOUT BUILDER INCENTIVES TO HELP BUY DOWN YOUR INTEREST RATE!

2051 E Michigan Avenue E Unit 1, Phoenix

Courtesy of Source Real Estate. 602-663-5753

$650,000
7059467 MLS
Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently located near shopping, dining, parks, and major commuter routes, it offers the perfect blend of comfort and accessibility. Enjoy off-street parking and stunning mountain views. A great option for both investors and owner-occupiers seeking rental income in a desirable location.

10648 N 15th Avenue, Phoenix

Courtesy of Realty ONE Group. 480-315-1240

$650,000
6 Beds ⋅ 4 Baths ⋅ 7059177 MLS
Great opportunity! Embrace the perfect blend of modern style and everyday comfort in this beautiful single-story duplex! Discover a desirable open floor plan filled with abundant natural light, enhanced by wood-look flooring and fresh neutral paint throughout. Upscale kitchen is designed to impress, featuring stainless steel appliances, ample white cabinetry, quartz counters, recessed & pendant lighting, and a peninsula with a breakfast bar that's ideal for casual dining or entertaining. Large main retreat provides a walk-in closet and a private bathroom with a shower & tub combo. Each unit offers 3 bedrooms and 2 bathrooms. Excellent location, close to restaurants, entertainment, and more. What are you waiting for? Make it yours before it's gone!

3753 E Polk Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$489,000
4 Beds ⋅ 4 Baths ⋅ 7057995 MLS
Wow! Brand new construction duplex in the fast-growing city of Buckeye under 500k. This single-story duplex includes two 2 bedroom 2 baths with all appliances included; including washer and dryer. Beautiful finishes throughout both units and enough parking for up to 4 cars per unit. Property shares a large fenced common area backyard as well. Don't miss this cashflow opportunity, new construction never lived in duplex! Live in one unit and rent out the other or perfect for families seeking a next-gen home. Come see it today!

308 S 5th Avenue, Buckeye

Courtesy of Libertas Real Estate. 623-271-9742

$749,999
7 Beds ⋅ 4 Baths ⋅ 7057876 MLS
PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants are Section 8 tenants, providing reliable rental income. The property features low-maintenance landscaping, ample private parking, and separately metered electric for each unit. Located on R-5 zoning and registered as a multifamily parcel, this property is separately parceled as a triplex, allowing for residential financing. An excellent opportunity for investors seeking a renovated, cash-flowing property in Phoenix

1101 E Roosevelt Street, Phoenix

Courtesy of Realty ONE Group. 623-236-1414

$299,999
2 Beds ⋅ 2 Baths ⋅ 7057617 MLS
Duplex in Casa Grande. Remodeled within the last couple of years with pex plumbing, granite counters, shaker Cabinets, appliances, all wood look porcelain tile throughout (NO CARPET), and more Two car carport with additional parking. NO HOA. One unit currently rented. With plenty of land space on the left to provide even more opportunities. Please allow 48-hour notice. More information to come.

107 W 11th Street, Casa Grande

Courtesy of Real Broker. 602-755-3415

$749,999
6 Beds ⋅ 8 Baths ⋅ 7057410 MLS
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe

Courtesy of Realty ONE Group. 480-321-8100

$399,999
5 Beds ⋅ 2 Baths ⋅ 7057120 MLS
Charming remodeled duplex in the heart of Glendale! This 1,286 sq ft property offers two separate units 🏡 Unit 1: 2 beds/1 bath at 647 sq ft. Unit 2: 1 bed/1 bath at 639 sq ft. Both feature updated finishes, tile/vinyl plank flooring, and dual pane windows. Thoughtfully renovated with a modern kitchen, fresh paint, and stylish bathrooms. Appraised above list price, giving buyers instant equity 💰 Enjoy 2 driveway spaces and a low-maintenance gravel yard. Perfect for investors or owner-occupants seeking rental income potential. Close to shopping, dining, and easy freeway access.

5959 W Gardenia Avenue, Glendale

Courtesy of eXp Realty. 623-293-6902

$699,000
8 Beds ⋅ 4 Baths ⋅ 7057074 MLS

3801 N 23rd Drive, Phoenix

Courtesy of Compass. 480-776-1555

$799,900
8 Beds ⋅ 4 Baths ⋅ 7056928 MLS
Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

Courtesy of eXp Realty. 888-897-7821

$567,150
6 Beds ⋅ 3 Baths ⋅ 7056512 MLS
464 S Washington is a well-maintained, turnkey triplex located minutes from Downtown Chandler. This property provides an investor with immediate, stable cash flow and minimal deferred maintenance. The property has benefited from multiple recent capital improvements, positioning it as a low-maintenance acquisition. The asset consists of (3) 2 bedroom/1 bath units, offering a uniform unit mix that simplifies management, leasing, and underwriting. The Downtown Chandler location provides tenants with proximity to local retail, dining, and employment corridors, supporting sustained rental demand and tenant retention.

464 S Washington Street, Chandler

Courtesy of Orion Investment Real Estate. 480-634-6934

$724,900
8 Beds ⋅ 4 Baths ⋅ 7056408 MLS
Incredible opportunity to own a well-maintained fourplex with STRONG INCOME potential -- priced at $724,999! All units offer spacious 2 bed/1 bath layouts. All units were tastefully renovated from 2023-2025 with modern finishes and updated interiors. All four units feature NEWER A/C units installed in 2022 for year-round efficiency and peace of mind. New roof completed on back duplex in Sept 2023. Community laundry on site. Three Tenants are currently in place at strong rental rates, delivering immediate cash flow from day one. ONE VACANT UNIT, making house-hacking opportunity! BONUS: Expansive parking area allows tenants to store additional vehicles, boats & trailers with landlord approval -- a rare perk driving long-term tenant satisfaction and retention!!

451 E 10th Avenue, Apache Junction

Courtesy of Keller Williams Integrity First Realty. 480-854-2400

$575,000
5 Beds ⋅ 4 Baths ⋅ 7055927 MLS
Great opportunity to buy a rare 3plex with all units fully occupied producing income immediately. Two one bedroom units and one 3 bedroom unit, both are rare and easy to rent because of it. Exterior was just painted 07/09/2026.

4804 E Caballero Circle, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$482,600
6 Beds ⋅ 4 Baths ⋅ 7055488 MLS
LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2022-built duplex offers the opportunity to live in one unit while approximately $1,900/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

1911 E Warner Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$750,000
8 Beds ⋅ 4 Baths ⋅ 7055078 MLS
Seller financing available! This well-maintained four-unit property features four 2-bedroom, 1-bathroom units, each with its own in-unit laundry. The property has been extensively renovated, with updates completed throughout all four units, exterior improvements, and numerous upgrades across the property. With a strong history of proactive maintenance and no known deferred maintenance items, this is a truly turnkey investment. Tenants enjoy a shared outdoor space with BBQs and picnic tables, and the property is occupied by well-vetted tenants, providing stable income. Conveniently located with easy access to I-17 and just 2 miles from Grand Canyon University, this property offers an excellent location for both tenants and investors. Seller financing info upon request

2210 W Devonshire Avenue, Phoenix

Courtesy of Real Broker. 480-359-6519

$709,000
8 Beds ⋅ 4 Baths ⋅ 7053664 MLS
Rare investment opportunity in Phoenix. This is a four-unit, two-story multifamily dwelling is designed for rental income with three of the four units currently occupied. The layout features four 2-bedroom, 1-bathroom units. Having one unit vacant gives you the opportunity to view the rental space without disturbing residents.

1321 W Vogel Avenue, Phoenix

Courtesy of One Stop Realty. 480-584-3266

$599,000
6 Beds ⋅ 6 Baths ⋅ 7053426 MLS
Fantastic investment opportunity! Fully leased triplex with all three units occupied and leases in place. Please review the photos and drive by the property only--please do not disturb tenants. Each unit offers 2 bedrooms, 2 bathrooms, luxury vinyl plank flooring, and shaker-style cabinetry. Community amenities include a pool, fitness center, playground, and gated access. Professional on-site management by MAXX Property Management provides a convenient, low-maintenance ownership experience.

12945 W Greenway Road Unit 19, El Mirage

Courtesy of RE/MAX Excalibur. 480-355-3500

$415,000
4 Beds ⋅ 2 Baths ⋅ 7052276 MLS
Excellent multifamily investment opportunity on an R-5 zoned multifamily parcel. This fully remodeled duplex features two 2-bedroom, 1-bath units, updated in 2023 with modern kitchens, updated bathrooms, and tile flooring throughout. Situated on a 6,350 sq. ft. lot, the existing duplex leaves additional open space that may offer future expansion or redevelopment potential, subject to buyer verification and City of Phoenix requirements. Ideal for investors seeking immediate rental income, owner-occupants, or those looking for a value-add opportunity. Conveniently located just minutes from Downtown Phoenix, Roosevelt Row, Grand Avenue, the Arizona State Capitol, and I-10 and I-17.

1647 W Garfield Street, Phoenix

Courtesy of Realty ONE Group. 623-236-1414

$619,000
7 Beds ⋅ 4 Baths ⋅ 7052170 MLS
Excellent investment opportunity in the heart of Phoenix! This well-maintained duplex offers immediate cash flow with two spacious units already occupied. Unit 1 features 3 bedrooms and 2 bathrooms and is currently rented for $2,000/month. Unit 2 offers an expansive 5-bedroom, 3-bathroom floor plan and is currently rented for $2,325/month, generating a combined monthly income of $4,400. Conveniently located near Downtown Phoenix, I-17, I-10, schools, parks, shopping, and dining, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. Don't miss this versatile, income-producing property with strong upside potential!

3326 W Maricopa Street, Phoenix

Courtesy of HomeSmart. 602-230-7600

$489,999
4 Beds ⋅ 3 Baths ⋅ 7051935 MLS
This 3-unit, garden-style historic property, originally constructed in 1916 and completely restored in 2022, offers a unique blend of character and modern upgrades. The property consists of a fully renovated 2-bed/1-bath single-family home, along with a newly constructed duplex featuring (2) 1-bed/1-bath units. The single-family home was extensively updated in 2022 with brand new HVAC, electrical, and plumbing, as well as in-unit laundry and modernized interiors throughout. The duplex was rebuilt from the ground up in 2022, providing turnkey living spaces for tenants. All units are individually metered for electricity, adding convenience and efficiency. Ideally located in the Oakland Historic District with close proximity to Grand Avenue Arts District, Downtown Phoenix, and major freeways.

1522 W Polk Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$899,000
8 Beds ⋅ 8 Baths ⋅ 7051475 MLS
Price Reduced! This turnkey fourplex is located in North Phoenix & features large 915sqft units which are all 2 bed/2 bath. The unit interiors were fully remodeled in 2022 which included: new flooring; new kitchen cabinets & countertops; all new kitchen appliances; new bathroom vanities, plumbing fixtures, & more. The in-suite washers & dryers will also convey. The lower units have private patios & the upper units have private balconies. The lot size is very large and parking is plentiful. Lookout Mountain is nearby as well as the 51 freeway for easy access. Major employers nearby include Paradise Valley Unified School District, North Mountain Medical Center & Walmart Supercenter. The property is not governed by an HOA. Drive by only...please do not disturb tenants.

2726 E Beck Lane, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$499,000
4 Beds ⋅ 4 Baths ⋅ 7050888 MLS
These are 2 single-story homes (duplex) that are separately metered. Ideal for living in one and renting out the other. They have been remodeled from top to bottom, so they're completely turn key. The primary home is at the back providing 2 beds, 2 baths, a nice-sized living room, cathedral ceilings, and skylights. The kitchen comes complete with SS appliances, quartz counters, and white cabinets. The main bedroom gives you a spotless bath with a custom tiled shower and a walk-in closet. At the front is the full casita that also features a living/dining, kitchen, 2 beds, a jack and jill bath, and stacked washer/dryer.

444 S Delaware Street, Chandler

Courtesy of ATLAS AZ, LLC. 602-481-0648

$735,000
6 Beds ⋅ 4 Baths ⋅ 7050837 MLS

721 E Carol Avenue, Phoenix

Courtesy of SVN/Desert Commercial Advisors. brady.zinn@svn.com

$950,000
1 Beds ⋅ 1 Baths ⋅ 7050686 MLS
Great Potential. Heavy Industrial Zoning or can also be used as a Multi-Dwelling Unit. Home has a apartment for secondary living. Large covered Carport and Spacious Lot size. Potential is endless with Commercial Zoning in place. This can also be used as a Group Home or Senior Housing.

4221 E Magnolia Street, Phoenix

Courtesy of HomeSmart. 602-230-7600

$584,900
3 Beds ⋅ 2 Baths ⋅ 7048918 MLS
Live in the middle of everything while enjoying the character and charm that make Central Phoenix so special. Located in the highly sought-after Pierson Place Historic District, this unique property offers a rare combination of timeless architecture, modern updates, and flexible living space. The main home features original hardwood flooring, a newer roof, newer HVAC system, and the distinctive character that historic home enthusiasts appreciate. Outside, the irrigated lot provides mature landscaping and a private backyard retreat complete with a diving pool. A detached casita with approximately 318 square feet on the main level plus a finished upper level creates endless possibilities for rental guests, a home office, creative studio, fitness space, AIR BNB, or multi-generational living. A partial basement adds even more flexibility and storage rarely found in Phoenix homes. Just minutes from Uptown Plaza, the Melrose District, Downtown Phoenix, the Camelback Corridor, local restaurants, coffee shops, and entertainment, this is an opportunity to own a piece of Phoenix history in one of the city's most desirable central neighborhoods.

539 W Mariposa Street, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

$463,000
2 Beds ⋅ 2 Baths ⋅ 7047873 MLS
Conveniently located across from the newly renovated Mesa Temple, this duplex has one bedroom/one bath in front and back each with their own fenced private yard. Ample parking with a drive way, carport and street parking. Well established tenants for three years would like to stay. *Drive by only. Do not disturb tenants! No viewing until accepted contract. All facts and figures are approximate and must be verified by buyer.

216 S Hobson --, Mesa

Courtesy of Realty ONE Group. 480-321-8100

$995,950
8 Beds ⋅ 4 Baths ⋅ 7047702 MLS
Investor alert in the heart of Chandler! Well-maintained single-level 4-plex offering a strong opportunity to live in one unit and rent the others, or add a fully leased income property to your portfolio. Each unit is approx. 750 sq ft, unfurnished, with month-to-month tenants and deposits around $1,000. Current rents: Unit 1 $1,485, Unit 2 $1,485, Unit 3 $1,488, Unit 4 $1,475. Each unit includes private storage, plus an additional utility/storage room with laundry setup not currently in use. Owner pays water, sewer, trash and utility/storage room electric; tenants pay their own electric. Close to Alma School dining, shopping and easy access to the 202 and 60 freeways. Photos shown are of Unit 4. Floor plan and virtual tour available online to preview without disturbing tenants. Rare find

1415 N Pleasant Drive, Chandler

Courtesy of EveryPlace. akvalentine16@gmail.com

$425,000
4 Beds ⋅ 7047471 MLS
DUPLEX property on MF zoned quarter acres of land. Great investment for income or multigenerational living in private apartment. GREAT potential for first time investor to live in one unit and rent out the other to cover your mortgage. FHA financing appears to be available (subject to verification / approval). You can also utilize local/state down payment and closing cost assistance programs. Owner is installing new cabinets, new flooring, new electrical panel, new paint, new bath fixtures, new plumbing fixtures for worry free rental property or your new home with income potential or family living next door. HUD FMR rents for Section 8 are per unit. Owner is general contractor and can customize or add additional units to make it two 3/2 units for additional cost.

14301 N 4th Avenue, El Mirage

Courtesy of Sell Your Home Services. 888-219-3009

$750,000
4 Beds ⋅ 4 Baths ⋅ 7046255 MLS
Great opportunity to own within a community that very rarely has a building available! 4 Studio units with wall unit AC, Refrigerators and Stoves. Well cared for and maintained by this owner. This building is the southern most on the east side of the street, offering privacy for the occupants and ease of parking access from both the north and south side of the alleyway. Very low vacancy rate with such close access to ASU, downtown Tempe and the light rail.

1033 S Mariana Street, Tempe

Courtesy of Realty ONE Group. 602-953-4000

$1,850,000
6 Beds ⋅ 5 Baths ⋅ 7045805 MLS
Set behind mature trees on a flood-irrigated half-acre in Historic Medlock Place, this is one of the most unique opportunities currently available in Central Phoenix. Combining vintage character, multiple residences, income potential, and an extraordinary collection of mature fruit trees. Originally built in 1948, the primary residence embraces its mid-century roots with stained concrete floors, a gas fireplace, updated bathrooms, and thoughtful improvements that preserve the home's character. Three separate HVAC systems provide zoned climate control, while the private primary suite includes a kitchenette, creating additional flexibility for guests, extended stays, or multi-generational living. The grounds are something truly special. Flood irrigation supports a thriving orchard featuring citrus, grapefruit, mango, pomegranate, fig, jackfruit, mulberry, kumquat, lemon, lime, and numerous other mature fruit-producing trees. Combined with flowering desert landscaping, shade trees, a resurfaced swimming pool, outdoor shower, and expansive patios, this in-town estate feels like a private retreat. Adding to its appeal are two additional structures that create exceptional flexibility for investors, owner-occupants, entrepreneurs, or those seeking multi-generational living arrangements. A detached apartment building offers approximately 1,752 square feet and was originally designed with duplex potential, while a separate guest house provides approximately 952 square feet of additional living space complete with its own kitchen and amenities. A dedicated laundry facility and three-car garage further enhance the property's functionality. Zoned R-3, the possibilities are extensive. Whether envisioned as an owner-occupied compound, income-producing rental property, boutique hospitality concept, assisted living opportunity, creative live-work environment, or a long-term investment in one of Phoenix's most desirable historic neighborhoods, this property offers a combination of land, improvements, and flexibility. Located steps from Uptown Plaza, local restaurants, coffee shops, light rail access, and Downtown Phoenix, this is a rare chance to own a landmark property in Historic Medlock Place.

37 W Pasadena Avenue, Phoenix

Courtesy of Compass. (602) 376-1341

$350,000
6 Beds ⋅ 2 Baths ⋅ 7045588 MLS
A unique investment opportunity in the heart of Mesa! This versatile property features two separate homes on one lot, offering a total of 6 bedrooms, 2 bathrooms, and approximately 1,784 square feet of living space. Ideal for investors, multi-generational living, or owner-occupants seeking rental income, this property combines flexibility and value. Front house occupied at $1300/mo . Back House occupied at $1000/mo. Buyer to verify all listing information, including schools.

630 S Grand Street, Mesa

Courtesy of My Rental Superstore. 480-440-4505

$849,900
6 Beds ⋅ 50 Baths ⋅ 7045330 MLS
204 E Hatcher Road presents a rare opportunity to acquire a well-maintained duplex in a strong North Central Phoenix location. Built in 2006, the property features two spacious 3-bed/2.5-bath units averaging approximately 1,788 square feet each, offering the feel of a single-family home with the convenience of rental living. Currently occupied by strong government-subsidized tenants paying $2,772 per month, each unit includes an attached two-car garage, private backyard, in-unit washer & dryer, and individually metered utilities, including water. Located in a desirable pocket of Sunnyslope near North Mountain Park & Preserve, HonorHealth John C. Lincoln Medical Center, shopping, dining, & major employment corridors, the property offers strong appeal for both investors and owner-occupants.

204 E Hatcher Road, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$2,020,000
12 Beds ⋅ 12 Baths ⋅ 7044366 MLS
Rare opportunity to acquire a 4-unit portfolio within a boutique 7-unit townhome community in a highly desirable Central Phoenix location. Built in 2016, these well-maintained 3-bedroom, 3-bathroom townhomes feature open-concept floor plans, attached two-car garages, and private outdoor living spaces. The property offers stable cash flow, low-maintenance ownership, and future flexibility through individual unit sales. Recent improvements include new roofing, exterior paint, landscaping, and other select upgrades, creating a turnkey investment opportunity with strong rental performance and minimal deferred maintenance.

3010 N 37th St Street, Phoenix

Courtesy of REI Marketing. 602-715-0232

$525,000
6 Beds ⋅ 3 Baths ⋅ 7044313 MLS
Calling all investors!! BRAND NEW ROOF February 2026 & NEWER Exterior Paint in 2025. This Triplex is fully leased out with gross rents totaling $3,194 a month. Triplex has some upgrades over the years with flooring, bathrooms, and PEX plumbing. One unit upstairs and two units downstairs. Downstairs units have private backyards and BASEMENTS, huge attraction for tenants!! Also, plenty of parking in parking lot designated for the three triplex's in this private area tucked back off of Mesa Drive. Owner pays water/sewer/trash and Tenants pay electric. Please do not disturb tenants - drive by only.

532 S Mesa Drive Unit B, Mesa

Courtesy of Real Broker. 480-442-9868

$999,000
4 Beds ⋅ 4 Baths ⋅ 7044182 MLS
Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.

1438 E Adams Street, Phoenix

Courtesy of AH Properties. 602-863-1500

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